2-bed · 1,287 sqftBurj View Residence, Arjan · 5th floor · completed 2016

507, Burj View Residence

Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 3 June 2025
Last soldAED 1.5M3 June 2025
Current rentAED 67K /yr5 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Burj View Residence

What is 507 worth today?

Last sold for AED 1,500,000 in 2025

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3 Jun 2025SoldReady
AED 1,500,000AED 1,165 per sqft
5 Jul 2024RentedNew contract
AED 66,550/yr6 months · AED 52 per sqft
17 May 2024Sold by developerReady
AED 946,030AED 735 per sqft
5 Jul 2023RentedRenewal
AED 60,500/yr12 months · AED 47 per sqft
5 Jul 2022RentedRenewal
AED 55,000/yr12 months · AED 43 per sqft
5 Jun 2021RentedNew contract
AED 50,769/yr13 months · AED 39 per sqft
4 Sep 2019RentedNew contract
AED 65,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 3 June 2025.

Key facts

Type
2-bed apartment
Size
1,287 sqft
Floor
5th of 6
Parking
G-35
Developer
Al Madar Investment
Completed
2016
Service charge
AED 15,400 /yr
Last sold
AED 1.5M · June 2025

About 507, Burj View Residence

507 is a two-bedroom apartment of 1,287 sqft on the 5th floor of Burj View Residence, a 6-storey tower in Arjan completed in 2016 by Al Madar Investment. It last sold on 3 June 2025 for AED 1,500,000, or AED 1,165 per sqft, 4% below the AED 1,218 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 5 July 2024, is AED 66,550 a year: a gross yield of 4.4% on the 2025 price, before the service charge of about AED 15,400 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Burj View Residence
1M1.5M20232024202520262027Typical sale price by year: 2023 AED 966,312; 2024 AED 1,014,994; 2025 AED 1,586,750; 2026 AED 1,475,000Sold by developer, May 2024: AED 946,030 (AED 735 per sqft)Sold, June 2025: AED 1,500,000 (AED 1,165 per sqft)

507 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 507, each contractTypical two-bed in Burj View Residence
50K100K2017202020232026Typical rent by year: 2017 AED 85,000; 2018 AED 77,000; 2019 AED 65,500; 2020 AED 58,737; 2021 AED 54,000; 2022 AED 59,400; 2023 AED 62,370; 2024 AED 70,693; 2025 AED 115,000; 2026 AED 110,000New contract, September 2019: AED 65,000 a yearNew contract, June 2021: AED 50,769 a yearRenewal, July 2022: AED 55,000 a yearRenewal, July 2023: AED 60,500 a yearNew contract, July 2024: AED 66,550 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Burj View Residence, and where 507 sits

All 36 2-beds →

507 last sold in June 2025 at AED 1,165 per sqft, 4% below what two-beds in Burj View Residence were fetching at the time (AED 1,218). Over the last 12 months two-beds sold for AED 500,000 to 1,650,000, around AED 1,105 per sqft, and rent for AED 87,807 to 140,000 a year. 507's AED 66,550 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20261,400,000
12 Aug 20261,550,000
22 Jul 2026500,000
12 Feb 20261,650,000
6 2-bed sales in the last 12 months

Burj View Residence

Building

119 apartments, studios to 2-bed over 6 floors in Arjan, completed in 2016 by Al Madar Investment. 15 sold in the last 12 months.

Typical price per sqft
AED 1,183 Down 11.3%
Typical sale
AED 640K
Typical rent
AED 65K /yr
Typical yield
7.9%
Burj View Residence, Arjan: prices, sales and rents →

Other units on the 5th floor

All 119 units in Burj View Residence
Value
5012-bedAED 1.59M · Apr 2025
5022-bedAED 1.63M · Nov 2025
5031-bedAED 1.07M · Oct 2024
5041-bedAED 776K · May 2024
5051-bedAED 1.15M · Jan 2025
5062-bedAED 1.57M · Sep 2024
5081-bedAED 644K · May 2024
1–7 of 19

507, Burj View Residence in numbers

  • Sold twice: first on 17 May 2024 for AED 946,030, last on 3 June 2025 for AED 1,500,000 (AED 1,165 per sqft).
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 50,769 in 2021 and recovered to AED 66,550 by July 2024.
  • At AED 66,550 a year the gross yield on the 2025 price is 4.4%, before a service charge of about AED 15,400 a year (AED 12.00 per sqft).
  • Two-beds in Burj View Residence sold for AED 500,000–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,183 per sqft.

Source: Dubai Land Department. Updated 3 June 2025.

Questions about 507, Burj View Residence

What did unit 507 last sell for?

AED 1,500,000 on 3 June 2025: AED 1,165 per sqft for 1,287 sqft. The unit has 2 registered sales; the first was AED 946,030 in May 2024.

What is the rent for unit 507?

AED 66,550 a year on the contract signed on 5 July 2024. The previous contract, from July 2023, was AED 60,500; the unit has been rented since September 2019.

How big is unit 507?

1,287 sqft (119.6 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2016.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Burj View Residence sold for AED 500,000 to 1,650,000 in the last 12 months, around AED 1,105 per sqft.

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Mortgage on 507, Burj View Residence

Starts from the last sale price (AED 1.5M, 3 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →